This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Top 7 Earnings to Watch Next Week

ADBE Chart ADBE data by YCharts

Adobe Systems (ADBE - Get Report)

Background: Adobe is a provider of graphic design, publishing and imaging software for Web and print production. It offers a market-leading line of application software products for creating, distributing, and managing information of all types. Adobe trades an average of 4.4 million shares per day with a marketcap of $15.9 billion.

52-Week Range: $22.89 to $34.78

Book Value: $12.35

Price to Book: 2.64

Third quarter earnings is highly anticipated by Wall Street expecting a favorable report after the market closes on Sept. 19. Analysts' mean appraisal is presently 47 cents a share, a gain of 3 cents (6.4%) from 44 cents during the corresponding quarter last year.

The last date Adobe released earnings was June 19 and the closing price was $32.89. Based on a recent price of $32.85, shares are down 0.1%. The average analyst target price for ADBE is $34.27.

The trailing 12-month price-to-earnings ratio is 17.6, the mean fiscal year estimate price-to-earnings ratio is 16.3, based on earnings of $1.98 per share this year.

Shares have traded slightly lower in the last month of trading. Shares are about break even at 1.5% less than a month ago. This doesn't give us much insight as to what to expect, but it's a fair statement to say that investors should not expect to get the legs knocked out from under them this release.

Currently, 2.9% short interest based on the float is small and not a big concern.
6 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
TIBX $24.03 0.00%
ADBE $92.75 -0.97%
FDX $165.18 0.24%
GIS $61.21 -0.71%
ORCL $39.25 -1.10%


Chart of I:DJI
DOW 17,628.01 -122.90 -0.69%
S&P 500 2,053.90 -9.47 -0.46%
NASDAQ 4,736.2860 -26.9380 -0.57%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs